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After Italy Ban, OpenAI's ChatGPT Now Faces Legal Storm In Poland Over Privacy Concerns
Friday, September 22, 2023 - 1:24am | 474OpenAI’s ChatGPT is under investigation in Poland following a ban in Italy earlier this year, marking the latest developments in the privacy controversy surrounding the AI chatbot. What Happened: ChatGPT, released for public testing in November last year,...
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Google-Owned Fitbit Faces Multi-Country Complaints Over Alleged Breach Of GDPR Rules
Thursday, August 31, 2023 - 8:57am | 664Google’s Fitbit faces complaints of GDPR violations filed by privacy advocacy group Noyb. What Happened: According to Reuters, on Thursday, the advocacy group Noyb lodged complaints against Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google-owned Fitbit in Austria, Netherlands, and Italy....
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How Can Fintech Companies Use GDPR As An Advantage?
Wednesday, May 26, 2021 - 10:35am | 808The biggest advantage that fintech companies have is their flexibility and ability to adjust to new trends quickly. Traditional industries lack this fluidity which is why they are slower to respond to the changes that the GDPR (General Data Protection Regulation) requires. Even though non-...
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Will This Recession Lead to Another Fintech Boom?
Thursday, September 17, 2020 - 11:42am | 1752The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The biggest silver lining in periods of economic turmoil—such that we are in right now, despite what the stock market may tell you...
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ICYMI: Oracle, Salesforce Hit With Privacy Lawsuit In Europe
Tuesday, August 18, 2020 - 5:04pm | 394American software companies Oracle (NYSE: ORCL) and Salesforce (NYSE: CRM) are being sued over an alleged breach of the European Union's General Data Protection Regulation laws. What Happened: The Privacy Collective, filed a class-action lawsuit against Oracle and Salesforce Friday in an...
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Did Facebook's Q2 Earn A Thumbs Up From Analysts?
Thursday, July 25, 2019 - 11:31am | 791Facebook, Inc. (NASDAQ: FB) reported second-quarter results that exceeded expectations. Daily active users (DAUs) of 1.59 billion and monthly active users (MAUs) were consistent with the Street's expectations, but average revenue per user (ARPU) of $7.05 beat estimates of $6.87. The company...
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A Brewing Data Scandal Is The Last Thing Amazon Needs
Thursday, December 27, 2018 - 1:18pm | 916A newly published modus operandi by certain actors might just pull e-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) into a potential data scandal. Certain Chinese payment processors are allegedly engaged in the suspicious practice of requiring their Amazon seller clients to share their Amazon's...
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Twitter Rallies On Q3 Beat; Analyst Says Investors Are Giving Company Time To Stabilize User Base
Thursday, October 25, 2018 - 10:46am | 436Twitter Inc (NYSE: TWTR) reported a top-and-bottom-line beat in the third quarter Thursday morning. A decline in monthly active users from a year ago seems like a one-time issue, Stifel's John Egbert said during a guest spot on CNBC's "Squawk Box." What...
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Apple's Tim Cook Takes On Silicon Valley, Bloomberg
Wednesday, October 24, 2018 - 12:17pm | 674Apple Inc. (NASDAQ: AAPL) is fighting a two-front battle: one against Silicon Valley pertaining to privacy issues and one against Bloomberg for what CEO Tim Cook said is a false story. 'This Is Surveillance' Companies who hoard large amounts of personal data from its users are guilty...
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Social Media Roundup: Experts Say 'Fake News' Is Overblown, But Regulation Is On Its Way
Thursday, September 6, 2018 - 10:00am | 562Social media executives made their best pitch to American lawmakers Wednesday, with the conclusion being there is no easy solution to deal with misinformation, Jason Reifler, a professor of political science at the University of Exeter, told CNBC Thursday morning. Reifler: Impact Of Fake...
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Despite Facebook Sell-Off, KeyBanc Still Sees Long-Term Opportunity In Stock
Thursday, July 26, 2018 - 9:44am | 389Facebook, Inc. (NASDAQ: FB) reported second-quarter results Wednesday that initially sent shares plunging, but KeyBanc Capital Markets is encouraging investors to buy the dip. The Analyst KeyBanc's Andy Hargreaves maintained an Overweight rating on Facebook with a price target...
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Facebook's Q2 Earnings: What To Expect
Wednesday, July 25, 2018 - 9:35am | 665Facebook, Inc. (NASDAQ: FB) is scheduled to report second-quarter results Wednesday afternoon, and some Wall Street analysts are turning incrementally bullish ahead of the print. The Analysts Deutsche Bank's Lloyd Walmsley maintained a Buy rating on Facebook with a price target...
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Piper Jaffray: Sailpoint Technologies Poised To Benefit From Regulation, Unstructured Data Growth
Wednesday, May 30, 2018 - 5:13pm | 354SailPoint Technologies Holdings Inc (NYSE: SAIL) is well-positioned to benefit from new regulations and the growth of unstructured data, according to an initiation report from PiperJaffray. The Analyst Analyst Andrew Nowinski initiated coverage on Sailpoint Technologies with an Overweight...
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US Media Companies Forfeit Readers Rather Than Adjust To Europe's GDPR
Friday, May 25, 2018 - 2:29pm | 402In the recent onslaught of privacy updates dispatched for compliance with Europe’s new law, a few missing companies went unnoticed. But when the General Data Protection Regulation went into effect Friday, the nonparticipants stood out. What Happened Lee Enterprises, Incorporated (NYSE: LEE...
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How The GDPR's Data Portability Rules Could Affect Client Churn
Monday, May 21, 2018 - 4:46pm | 847Last month, the U.S. Justice Department was found to be investigating AT&T Inc. (NYSE: T) and Verizon Communications Inc. (NYSE: VZ) for allegedly colluding to lock customers into their networks and prevent server switches. This month, new policies in the European Union will make data transfers...